Prediction market odds place a 46.8% chance of West Texas Intermediate crude reaching $115 per barrel by December 2026.
Traders on the Kalshi prediction market are pricing in a surge in West Texas Intermediate (WTI) crude oil to $115 per barrel by the end of 2026. The platform’s current forecast stands at $114.68, reflecting growing expectations for higher oil prices over the next two years.
The 46.8% probability assigned by traders suggests a near-even chance of the benchmark hitting $115, up from recent levels. WTI crude has traded below $90 for most of 2024, with supply constraints and geopolitical risks fueling long-term bullish sentiment.
No immediate market reaction was reported, as the forecast reflects longer-term positioning rather than near-term price action.